Finance & Investment

Full List of Stanbic Bank PesaLink Charges

Dr Joshua Oigara, Chief Executive, Stanbic Bank Kenya and South Sudan during the launch of the Stanbic Money Market Fund (KES) and the Stanbic Fixed Income Fund (USD)

PesaLink, launched in 2016 by Integrated Payment Services Limited (IPSL), is a secure, fast, and reliable money transfer service for the Kenyan banking industry. PesaLink allows individuals to transfer funds directly from one bank account to another in real-time, 24/7. The service has revolutionized the banking experience by facilitating instant bank-to-bank transfers for amounts ranging from as low as Ksh 10 to as high as Ksh 999,999 in a single transaction. Stanbic Bank, as a member of the Kenya Bankers Association (KBA), offers PesaLink to its customers, ensuring a smooth, efficient, and cost-effective transfer experience.

How to Use Stanbic PesaLink

Stanbic Bank customers can access the PesaLink service via multiple platforms, including mobile banking, internet banking, and through the Stanbic App. The convenience of the service means you can send or receive money at any time of day, making it ideal for personal and business use.

Stanbic Bank PesaLink Charges

Below are the Stanbic Bank PesaLink charges for sending money across different transaction amounts:

Amount Range (Ksh)Charges (Ksh)
0 – 500Free
501 – 5,00032
5,001 – 10,00050
10,001 – 30,00062
30,001 – 70,00072
70,001 – 140,000112
140,001 – 500,000172
500,001 – 999,999200

Key Benefits of Using PesaLink with Stanbic Bank

  1. Instant Transfers: Transactions are completed in real-time, ensuring quick access to funds.
  2. Affordability: PesaLink charges are competitively low, with free transfers for amounts below Ksh 500.
  3. Convenience: Accessible via mobile banking, internet banking, and the Stanbic App, PesaLink is available anytime, anywhere.
  4. Secure: PesaLink is a bank-to-bank transfer service, ensuring top-notch security for all transactions.

How to Register for PesaLink on Stanbic Bank

  1. Log in to your Stanbic Mobile Banking or Internet Banking platform.
  2. Navigate to the ‘Transfers’ section and select PesaLink.
  3. Follow the prompts to complete your registration.
  4. Once registered, you can send and receive money instantly through your Stanbic Bank account.

Stanbic Bank Kenya Contacts

Integrated Payments Service Limited (IPSL) Contacts

Stanbic Bank’s integration with PesaLink provides an efficient and affordable way for customers to manage their money transfers. Whether you are sending money to family, friends, or for business transactions, PesaLink is a secure and reliable option, and Stanbic ensures that the process is hassle-free with competitive charges.